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Elizabeth Holmes Trial Nears Finish as Closing Arguments End


On Thursday, Jeff Schenk, an assistant U.S. attorney and one of the lead prosecutors, summarized the government’s case simply: When Theranos was almost out of money, Ms. Holmes could have let it fail. But she chose to defraud investors instead, he said.“That choice was not only callous, it was criminal,” Mr. Schenk said.Ms. Holmes’s lawyers countered with a range of responses: She had been told by her colleagues that the technology worked, she had hid information to protect trade secrets, she had moved to fix the problems once she learned of them, and the broader narrative about Theranos was more complicated than the prosecution had made it seem.“The government i …

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